Birdwatch Note Rating
2024-03-22 04:40:33 UTC - NOT_HELPFUL
Rated by Participant: F0265548B1595D1876EEED81AD5D71156B00A1B7EEC718BC474E24836D3552C3
Participant Details
Original Note:
The overall inflation rate since 2020 is 19.6%. While the Dow grew (post Covid) about 10,000 points, you must adjust any gains you made in your investments downward by 19.6% to account for the negative effect of the high inflation rate which has devalued the dollar. https://www.nerdwallet.com/article/investing/inflation#:~:text=A%203.2%25%20inflation%20rate%20may,particularly%20high%20housing%20costs%20persist.
All Note Details